Ukrainian banks continue posting record profits, earning nearly Hr 120 billion ($2.9 billion) in the first seven months of 2024. The result is 22% higher than the same period last year, analytics website Opendatabot reported. As the Kyiv Independent previously reported, Ukrainian banks are enjoying an influx of cash, largely the result of war-time policies rather than commercial skills, according to banking experts. The government has reacted to the sector’s profits by retroactively increasing taxes on profits from 2023 from 15% to 50% in early December. Ukrainian banks paid 1.8 times more inc…